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EBF 200: Introduction to Energy and Earth Sciences Economics

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  2. Welcome to EBF 200: Introduction to Energy and Earth Sciences Economics

Lesson 5 - Market Power

  • Lesson 5 Overview
  • Perfectly Competitive Markets
  • Market Power and Monopoly
  • Profit Maximizing in a Monopoly
  • Other Forms of Market Power
  • Price Discrimination
  • Measuring Market Power
  • Cartels
  • Summary and Final Tasks

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Lessons

  • Welcome to EBF 200: Introduction to Energy and Earth Sciences Economics
    • Lesson 1 - Thinking About Economics
    • Lesson 2 - Markets: Demand
    • Lesson 3 - Markets: Supply
    • Lesson 4 - Market Dynamics
    • Lesson 5 - Market Power
      • Lesson 5 Overview
      • Perfectly Competitive Markets
      • Market Power and Monopoly
      • Profit Maximizing in a Monopoly
      • Other Forms of Market Power
      • Price Discrimination
      • Measuring Market Power
      • Cartels
      • Summary and Final Tasks
    • Lesson 6 - Other Market Failures
    • Lesson 7 - Externalities and Environmental Economics
    • Lesson 8 - Public Goods and Government Failure
    • Lesson 9 - Government Intervention
    • Lesson 10 - Topical Issues, Part 1: Climate Change and Carbon Policy
    • Lesson 11 - Topical Issues, Part 2: Resource Scarcity and Energy Security
    • Lesson 12 - Topical Issues, Part 3: Changes in the Electricity Business

Authors: Barry Posner, Andrew Kleit, and Farid Tayari, College of Earth and Mineral Sciences, The Pennsylvania State University.

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